Jonathan Sears,


Partner, Sears Chartered Accountants

11 years experience as a licenced Chartered Accountant.

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Hi everybody. I am Jonathan Sears from Sears Chartered Accountants. So right now we are talking about point number 1 about why you should potentially incorporate. Point number 1 is limiting your liability and protecting your assets your personal assets more specifically. What an incorporation allows you to do is separate your business from your personal life so whereas you might be a sole proprietor right now and you are not incorporated, your assets could potentially be on the table if there was ever a lawsuit. What I am talking about is your vehicles, potentially your house, potentially other assets you may have.

The great advantage of incorporating is to have that business which by definition separates your personal from your business assets. So, If you are ever sued, the worst they can get is basically what’s within your business.

So, if you are looking for an accountant that you can count on, call a CA today.